On February 18 local time, US President Trump said that tariffs of about 25% would be imposed on imported cars, medicines and semiconductors. He will make more statements on this topic on April 2. It is worth noting that as early as the 14th, Trump had indicated that he planned to impose tariffs on imported cars, but did not specify the amount of the tariffs or which countries might be targeted.
In addition, when asked about similar taxes on drugs and semiconductor chips, Trump said, "The tax rate will reach 25% or even higher, and it will increase significantly within a year."
He said that he hoped to give enterprises time before announcing the new import tax.
When asked about his auto tariff plan, Trump said, "I might tell you on April 2 that it will be around 25%."
Trump also said that other tariffs might continue to be imposed in the future. All of these are part of the efforts to rebalance the United States' global trade relations.
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